The biz will need to reach $100m of annual earnings to justify a $2 share price (c. 15x earnings). The earnings run-rate is $50m, so it would need to double earnings from the current run-rate. I tend to believe it is more likely than unlikely over a 5-year time frame, otherwise I wouldn't own the business.
I hope Management have learned from their mistakes and won't dilute us along the way to buy inferior businesses. They have nearly 5x the share count in the last 24 months.
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The biz will need to reach $100m of annual earnings to justify a...
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Last
10.5¢ |
Change
-0.015(12.5%) |
Mkt cap ! $84.00M |
Open | High | Low | Value | Volume |
11.5¢ | 11.5¢ | 10.0¢ | $268.0K | 2.490M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 139234 | 10.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
11.0¢ | 101500 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 139234 | 0.105 |
12 | 864009 | 0.100 |
1 | 50000 | 0.096 |
1 | 7894 | 0.095 |
1 | 21500 | 0.093 |
Price($) | Vol. | No. |
---|---|---|
0.110 | 101500 | 1 |
0.115 | 68000 | 2 |
0.120 | 54047 | 3 |
0.125 | 25000 | 1 |
0.130 | 184635 | 4 |
Last trade - 16.10pm 30/08/2024 (20 minute delay) ? |
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